Florida CFO Alex Sink brought state lenders and lawyers with the Florida Attorneys Saving Homes program together yesterday for a roundtable discussion on foreclosure prevention and a brainstorming session on ways to keep more Floridians in their homes.Read the full story:http://www.floridarealtor
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04/21/2009
Despite a slow housing market, Florida has an unprecedented number of requests to build new homes and develop commercial property. The requests come from developers anticipating a future real estate bubble and fearful of the Hometown Democracy Amendment, which would give local residents the right
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04/20/2009
SHORT SALESToo many times, short sales can turn to no-sales. It can take 60 days or more for the mortgage holder to make its decision, says Jeff Marks, a real estate lawyer with Ryan and Marks Attorneys in Jacksonville. "(Buyers) have to have a stomach for it," he said. "But if they can wait it o
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04/17/2009
TALLAHASSEE, Fla. - April 16, 2009 - Florida Attorney General Bill McCollum unveiled a new Web site to help homeowners avoid mortgage fraud scams. The Web site - http://myfloridalegal.com/mortgagefraud - gives consumers easy access to current investigations, complaint forms, and tips to identify
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04/16/2009
Nick Davis of REMAX Premier Group, 27219 SR 56 Wesley Chapel FL 33544 has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is
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04/15/2009
PROPERTY INSURANCEIn a bit of good news, Gov. Crist learned Tuesday the state would be able to bond an additional $5 billion if needed for Florida's Hurricane Catastrophe Fund. That would help the state withstand the financial impact of a severe storm like Hurricane Andrew in 1992, which would co
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04/15/2009
FORECLOSURESAs bargain hunters focus on foreclosures, many discover that the toughest challenge is dealing with the banks that repossessed the homes. While lenders accept bids quickly and write a contract, buyers encounter bureaucratic bungling and frustration as they approach the closing date. R
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04/14/2009
One in nine homes across the U.S. is empty, according to the Census Bureau. Experts predict that the current overstock will change the real estate landscape for years, though some areas may see real estate values stabilize by the end of this year as buyers seeking bargains begin to reduce the bac
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04/13/2009
Rates on 30-year mortgages inched higher this week to 4.87 percent after two straight weeks of record lows, but still remained at attractive levels for borrowers looking to refinance their home loans.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n1-040909.cfm
04/09/2009
WASHINGTON - April 8, 2009 - Thanks to record low mortgage rates and declining home prices, 55 million families - half of all U.S. households - can afford today's $200,000 median-priced new home, according to figures released by the National Association of Home Builders (NAHB)."That's an increase
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04/08/2009
